The truth is that without the "means of production" Bitcoin is only a nice tool for savings.

It doesn't solve the real problem, because people still have to work for fiat to pay for basic commodities in fiat.

Not to mention the vast majority of the world's population that can't even dream of saving money.

And like it or not, Bitcoin has been debased as much as the dollar.

Look at the charts. Where do you see a proportional increase in Bitcoin's price after trillions of dollars have been printed? Nowhere, no correlation anywhere. Its price follows its own independent trend up, which is more related to mining than anything else, as if nothing happened with dollar money printing. This means that Bitcoin has been effectively debased.

Because the people that printed or own those trillions of dollars now, today, they are totally capable of buying all the Bitcoin they want OTC without affecting its price. They can literally own the currency if they want. They can buy every ASIC unit in the world and all the chip producers, and the largest mining farms, many times over, with that money.

Most people don't understand how much a trillion is.

Bitcoin sure will have a positive impact overall. But it's not the definitive solution people make it out to be.

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